KLAG vs. NIOG
KLAG (Leverage Shares 2X Long KLAC Daily ETF) and NIOG (Leverage Shares 2X Long NIO Daily ETF) are both Leveraged Equities funds from Leverage Shares - KLAG tracks the KLA Corporation (KLAC) while NIOG tracks the NIO Inc. (NIO). Both are passively managed. Their 0.20 correlation means their historical movements had little consistent relationship. Both charge a 0.75% expense ratio.
Performance
KLAG vs. NIOG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KLAG achieves a 58.32% return, which is significantly higher than NIOG's -27.56% return.
KLAG
- 1D
- 2.71%
- 1M
- -42.24%
- 6M
- 22.97%
- YTD
- 58.32%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
NIOG
- 1D
- 2.78%
- 1M
- 2.43%
- 6M
- -13.06%
- YTD
- -27.56%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.72M | $5.08M | $4.54M | |
| $119.34K | $154.91K | $404.59K |
KLAG vs. NIOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KLAG Leverage Shares 2X Long KLAC Daily ETF | 58.32% | -0.75% |
NIOG Leverage Shares 2X Long NIO Daily ETF | -27.56% | 3.25% |
Correlation
The correlation between KLAG and NIOG is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 18, 2025 | 0.20 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
KLAG vs. NIOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long KLAC Daily ETF (KLAG) and Leverage Shares 2X Long NIO Daily ETF (NIOG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Drawdowns
KLAG vs. NIOG - Drawdown Comparison
The maximum KLAG drawdown since its inception was -70.99%, which is greater than NIOG's maximum drawdown of -61.79%. Use the drawdown chart below to compare losses from any high point for KLAG and NIOG.
Loading charts...
Drawdown Indicators
| KLAG | NIOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.99% | -61.79% | -9.20% |
Current DrawdownCurrent decline from peak | -66.43% | -54.61% | -11.82% |
Average DrawdownAverage peak-to-trough decline | -19.57% | -27.99% | +8.42% |
Volatility
KLAG vs. NIOG - Volatility Comparison
Loading charts...
Volatility by Period
| KLAG | NIOG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 138.36% | 109.44% | +28.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 138.36% | 109.44% | +28.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 138.36% | 109.44% | +28.92% |
KLAG vs. NIOG - Expense Ratio Comparison
Both KLAG and NIOG have an expense ratio of 0.75%.
Dividends
KLAG vs. NIOG - Dividend Comparison
Neither KLAG nor NIOG has paid dividends to shareholders.
Frequently Asked Questions
KLAG and NIOG have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
KLAG and NIOG have the same expense ratio: 0.75% per year.
KLAG and NIOG have nearly identical dividend yields, around 0.00%.
KLAG tracks KLA Corporation (KLAC), while NIOG tracks NIO Inc. (NIO).
Find the right allocation for KLAG and NIOG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer